I posted Friday on Reuters poll of Japanese fund managers – Cut US/Canada bond weighting, raise Eurozone weighting
There’s more detail on the poll now:
- Japanese fund managers maintained their assets allocated to equities at a 1-1/2-year high in November of 44.2%
- For bonds – upped the euro zone weighting to the highest level since March 2011
- Reduced allocations to U.S. and Canadian bonds to a record low, citing vulnerability given a stronger recovery in the United States
- Cut back their bond allocations marginally to 48.9 percent from 49.0 percent in October while the cash weighting was raised slightly to 3.9 percent from 3.8 percent.
- Survey of eight Japan-based fund managers
- Polled Nov. 18-27
More at Reuters
